Replies to post #22854 on Freddie Mac-No Politics (FMCC)

[BennySlots]

Yeah, I think overall we're looking pretty good here.

One thing I noticed about the algo running this is that if you imagine the gapped section moved down to connect, the price action from May 28th to today looks A LOT like a super-sized version of the movement on May 15th to May 20th. Check out the 30 or 60 minute chart to see the similarity. And at the end of today, I think we look similar to the middle of the day on May 17th. If that pattern holds, we could be close to the next big run.

Wishful thinking anyway... ;-)

[trunkmonk]

not sure today, with a big market up and a freddie down is a good sign for monday but I will take your word for it. the best thing about today is that its almost over and cant wait for bedtime.
it did have an unusual close, but this stock is unpredictable, direction emulates the wind, too much manipulation and no clear direction yet.